Finance Minister Considers Budget Deficit Expansion Above 3% Amid Global Volatility
Minister of Finance Purbaya Yudhi Sadewa signals a possible 2026 APBN deficit expansion above 3% due to oil price surges. Read the fiscal outlook here.
Category 'Economy'
Economy
Economy
IHSG Declines as US-Iran Conflict Fuels Hawkish Fed Expectations
The Jakarta Composite Index weakens as the US-Iran conflict drives oil prices up and fuels hawkish Fed expectations. Read the latest Indonesian market update.
Economy
President Prabowo Orders Rapid Transition to Renewable Energy Amid Global Oil Crisis
President Prabowo orders an accelerated transition to renewable energy to combat the global oil crisis. Read how the EBTKE Task Force is responding.
Economy
US Launches Trade Investigation into Indonesia and Allies Over Alleged Unfair Practices
The U.S. launches a Section 301 trade investigation into Indonesia and 14 other nations over manufacturing practices. Stay updated on global trade shifts.
Economy
President Prabowo Orders 100-Gigawatt Solar Power Expansion to Drive Electrification
President Prabowo Subianto targets 100 gigawatts of solar power capacity to accelerate Indonesia's electrification and achieve national energy self-sufficiency. Learn more.
Economy
Friderica Widyasari Dewi Appointed OJK Chairperson
Commission XI of the House of Representatives appoints Friderica Widyasari Dewi as the new OJK Chairperson along with four other commissioners for the 2026-2031 term. Read more.
Economy
President Prabowo to Appoint Special Envoys to Supervise State-Owned Enterprises
President Prabowo Subianto plans to appoint Special Presidential Envoys to oversee state enterprises and sovereign wealth fund Danantara to prevent state wealth leakage and ensure good governance. Learn more.
Economy
Indonesia Stock Exchange Closes Lower as Investors Pivot to Short-Term Trading
The Indonesia Stock Price Index (IHSG) closed down 0.69% on Wednesday as investors engaged in short-term trading ahead of the 2026 Eid holiday and geopolitical tension. Learn more.
Economy
Energy Minister Urges Public Calm Amid Global Oil Price Surge
Energy Minister Bahlil Lahadalia assures the public that domestic fuel stocks are secure and urges against panic buying despite rising global oil prices. Read more.
Economy
Finance Minister Asserts Economic Stability as Rupiah Approaches Rp17,000 Mark
Finance Minister Purbaya Yudhi Sadewa highlights Indonesia's strong economic fundamentals as the Rupiah stabilizes near Rp16,800 per US Dollar. Learn more.
Economy
Subsidized Fuel Prices May Rise if Oil Pressure Exceeds Budget: Finance Minister
Finance Minister Purbaya Yudhi Sadewa discusses potential subsidized fuel price hikes as global oil hits $85. Read about state budget deficit risks and budget shifts.
Economy
Pertamina Patra Niaga Guarantees Fuel Stability Amid Middle East Geopolitical Crisis
Pertamina guarantees stable fuel supplies in Bali and East Java despite Middle East tensions. Read about the 13-day stock reserve and 2026 Eid task force.
